Friday, August 22, 2014

Block Purchase

With everything nowadays hitting RM1million per transaction, even those tiny little studio units, I am wondering if anyone is interested to buy a small block of about 50 condominiums in the heart of Bukit Bintang. The block consists of 30% 1000sf 2-bedroom units and 70% 650sf 1-bedroom units. The 1-bedroom units work out to be around RM650k each, fully furnished which is a price one cannot find in the city center anymore.

Moreover, the building is freehold and fully tenanted en-bloc to a MNC for a 5-year contract beginning this year. The yield works out to just about 4% per annum on average, with yearly rental increments built into the contract over the 5 years.

Each unit has its own individual title, so it is possible to sell each of them separately or en-bloc in the future.

If interested, get in touch la... sinleongng@yahoo.com

4 comments:

  1. Hi Sin Leong, Mind to share more details? my email is cbteh@hotmail.com

    ReplyDelete
  2. Can u share?
    sitinurwardah.jamil@gmail.com

    ReplyDelete
  3. can you please share some details?
    which condominium is this?
    vigneshk221@gmail.com
    thank you in advance.

    ReplyDelete
  4. Dear Sin Leong, am interested.. more details please

    eric.tan.cb@gmail.com

    ReplyDelete

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